Monthly Archives: July 2011

New Buyer Advice Vancouver 11 | Contract of Purchase & Sale| Excluded & Included Items!

REBGV Contract of Purchase and Sale Explanation – Included and Excluded Items (Section 7)

In First Time Home Buyer Advice 10, we discussed Dates in a Real Estate Transaction. Today, we’re going to discuss included and excluded items.

It Comes with What?

When you buy a property in Vancouver it is possible to specify what is and is not included in the sale. Section 7 of the Contract of Purchase and Sale (See Below) is where this is laid out exactly in terms of what will be included and excluded from the sale of the property.

In the example below the Included Items are Washer/Dryer, Stove, Oven, Dishwasher, Chandelier in the Dining Room, Big Screen TV in the Living Room. There are no Excluded Items in the sample contract.

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What is Normally Included When Buying in Vancouver?  Continue Reading…

Yaletown is NOW Yaletown NOT False Creek North According to MLS.ca!

For Real Estate Yaletown is now Officially Yaletown and NOT False Creek North!

Vancouver REBGV MLS Border Changes

If this is confusing, that’s OK! It is very confusing!

Up until a few weeks ago the area bordered generally by False Creek, Homer Street, the Western sections of Pacific Street, the Granville Bridge, and the Eastern edges of Coopers Landing were referred to as False Creek North. Most people referred to this area as Yaletown and have done so for many years.

As of mid June, The Real Estate Board of Greater Vancouver is has changed the name of False Creek North in MLS.ca & Realtor.ca “Yaletown”

Looking for Properties for Sale in Yaletown? Check out Yaletown Listings Here!

Why does this Matter?  Continue Reading…

How to Sell A Condo in Vancouver 3 | How Much is my Property Worth?

Calculating the Value of Your Condo in Vancouver

In Episode 2 of How to Sell Your Condo in Vancouver, we discussed the importance of speaking to an accountant to see if any taxes are payable on the sale proceeds of your condo. Once all the tax and mortgage penalties are settled, its time to find out what your Vancouver condo is worth!

Whats Your Vancouver Condo Worth?

Condos are both investments and homes in Vancouver and their market value is constantly changing. It is absolutely imperative to have a clear idea of what your property is worth when you want to sell it, so you know how to price it and be prepared to negotiate offers when they come in.

Want to know what your condo in Vancouver is worth? That’s were I can help.

CALL 604-763-3136 or Click HERE for a FREE MARKET EVALUATION!

Thinking of Selling?

Use this form to find out how to sell your home sooner and for more money.

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How a Condo’s Value is Calculated  Continue Reading…

June 2011 REBGV Statistics Package

June 2011 REBGV Statisics Package Mike Stewart

Summer housing market trends toward balance after an active spring season
Home sellers outpaced buyers on Greater Vancouver’s Multiple Listings Service® (MLS®) in June, drawing the market back toward balance this summer.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 3,262 in June, a 9.8 per cent increase compared to the 2,972 sales in June 2010 and a 3.4 per cent decline compared to the 3,377 sales in May 2011.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,793 in June. This represents a 4.5 per cent increase compared to June 2010 when 5,544 properties were listed for sale on   Continue Reading…